Bessemer Venture Partners, founded in 1911 by Henry Phipps Jr., is a global venture capital firm headquartered in Redwood City, California. Originally set up to manage the Phipps family’s assets, it began accepting outside capital in 2007 and has since raised multi-billion-dollar funds, including a $3.85 billion early-stage vehicle in 2022. Over more than a century, BVP has backed over 1,900 companies and guided 300 portfolio firms through growth stages, resulting in more than 145 public offerings. The firm maintains offices across the United States—including New York, Boston, San Francisco and Cambridge—and international hubs in London, Tel Aviv, Bangalore and Hong Kong.
Bessemer organizes its investments around specialized industry and technology segments that reflect emerging market trends. These areas include artificial intelligence and machine learning, biotech applications in clinical trials, cloud infrastructure and services, consumer platforms, cybersecurity solutions, cryptocurrency and Web3 projects, data analytics and storage, deep technology initiatives, developer tools and open source projects, financial technology innovations, healthcare technology, online marketplaces and vertical software tailored to specific industries. This approach allows the firm to align its resources, research and networks with founders at each stage, from early rounds through later-stage financing.
Bessemer has made long-term investments in clean technology and advanced battery materials as part of its climate strategy. Notable examples include Sila Nanotechnologies, which develops high-performance electrode materials for lithium-ion batteries; Optibus, a fleet management platform that optimizes public transit electrification; and Spire, which deploys satellite networks for weather and climate data. The firm also supports innovations in sustainable agriculture and alternative proteins, signaling its interest in solutions that address environmental challenges across energy, transportation and food sectors.
